Global dental services market was worth USD 302.7 billion in 2020. It is projected to grow at a 6.4% compound annual growth rate (CAGR), between 2021 and 2028. Dental services are provided by dentists or dental professionals and cover the diagnosis, prevention and treatment of all dental disorders. The market's growth is due to a growing awareness of dentistry and other periodontal diseases. There are also technological advances in dentistry and a high demand for laser and cosmetic dentistry. The dental care industry has been severely affected by the ongoing COVID-19 epidemic. Many countries have closed their dental practices due to the strict social distancing guidelines.
The American Dental Association's Health Policy Institute, (HPI) data shows that the dental sector was in a halt due to COVID-19. This is because dental practices were only allowed to treat emergency cases during the initial stages of the pandemic. The American Dental Association (ADA), issued public guidance in March 2020 to delay elective dental procedures. The ADA stated that the following procedures could be delayed: routine cleanings, radiographs and cosmetic procedures. Oral examinations, oral exams, pain management, and orthodontic treatment without pain management are all examples. Dental emergencies included tooth fractures, abnormal tissue biopsies, oral bleeding, facial trauma, pain management, and dental or facial trauma.
The dental treatments encompass a variety of services that can help patients improve their oral health. Different treatments include the use of cement and fillings. Nowadays, smile makeovers are a popular choice. Root canals are now more common due to technological advances in endodontics. Invisible braces, which aid in the reshaping or alignment of teeth, are highly in demand. The introduction of new technologies such as dental caps, dental dentures and drills is expected to drive significant growth in the dental services market.
Recommendations from dentists have been instrumental in driving demand for different dental services. The shift in marketing efforts to market the practices includes free dental camps, online advertising campaigns and education programs. Dental equipment manufacturers have been encouraged to invest in R&D to create and capitalize on new technologies due to the many unmet needs in the area of oral care.
More patients will be able to access services as more innovative products are introduced in the future. The launch of TeleDentistry in the United States by Pacific Dental Services (PDS), an international dental support company, was announced in April 2020. The COVID-19 pandemic continues, putting pressure on hospitals and urgent care centers. TeleDentistry platform launch is expected to make a positive difference in the community.
The steady increase in disposable incomes has been a result of the global economic boom and rapid urbanization. The per capita healthcare spending is expected to rise in the coming years. Market growth is expected to be aided by the rising health and wellness consciousness of the millennial population.
The market leader in dental implants was the segment with a greater than 20.0% revenue share. The dental implant is a highly advanced procedure that offers patients functionally and aesthetically feasible options for tooth replacement.
The American Association of Oral and Maxillofacial Surgerys (AAOMS) estimates that around 70% of adult adults between 35 and 44 have lost at most one permanent tooth due to decay, disease, or accident. Implant demand is increasing. Research and development in the area of dental implants has increased over the last few years. They are expected to continue expanding in the future with improved biomaterials, surface modifications and implant designs.
Due to increasing use of cosmetic dentistry , the segment will see the greatest growth between 2021 and 2028. Cosmetic dental procedures include teeth bleaching to remove discolorations and staining. Patients also prefer veneers, composite bonding and inlays and onlays to enhance their oral appearance.
The market was dominated by the dental clinics segment in 2020 with a revenue share greater than 65.0%. It is expected to grow at the fastest pace between 2021 and 2028. Because of the availability of specialists, most dental patients choose private clinics. More than 80% of dental practices are owned by their owners. Globally, the number of independent dental practices is increasing. This trend will continue over the next few years due to cost efficiency, availability of specialists and technologically advanced equipment.
The initial phase of the COVID-19 pandemic caused many problems in the dental care market. Dentists were at high risk of spreading infection. During the initial phase, no dental clinics were operating. The practices are now operating as normal. Dental professionals need to be aware of the latest guidelines that must be followed in order to prevent the spread of the virus.
North America was the dominant market in 2020 with a revenue share exceeding 45.0%. This is due to factors such as preventive care towards oral hygiene and the existence of independent clinics, increasing R&D in dentistry and rising disposable income. Market growth is likely to be aided by the increasing government funding of dental programs. As patients tend to spend less out-of pocket, the U.S. federal funding of Medicare & Medicaid will likely increase demand for oral care services.
Asia Pacific is expected to experience the fastest growth between 2021 and 2028. This is due to the increasing number of dental clinics, growing dental tourism, increased R&D in manufacturing, growing awareness about oral health, and the growing number. Most of the Asia Pacific dental practices are private. Modern technology is transforming the healthcare infrastructure of Asia Pacific. Many companies and governments from countries like India and China are taking initiatives to increase awareness about dental care. My Dental Plan, for example, announced in June 2021 that it would open 4,000 additional clinics and expand its reach to 250 more cities by 2021.
Many countries closed their dental practices due to social distancing guidelines that were imposed in the initial phase of the COVID-19 pandemic. The business has suffered from the decline of the dental care industry. Service providers are now looking for innovative ways to improve patient care. Aspen Dental's digital check-in platform was launched in June 2020. It is now available at their 820 offices across 41 states. Patients will be able to manage their dental appointments conveniently through this platform.
The expansion of geographic markets is another factor that dental care practices use to increase their market share. According to the July 2021 article, UK Dental Group intends to open 400 franchises of clinics in the country within three years. Patients will be discouraged from travelling abroad to receive dental treatment and the waiting times at these additional clinics should reduce. These clinics will also offer home services for those with limited mobility. The clinics will be able to provide high-quality dental care to more people by extending their reach throughout the United Kingdom. The following are some of the major players in the global market for dental services:
Aspen Dental Management Inc.
InterDent, Inc.
National Health Service England
Limited by British United Provident Association
Apollo White Dental
Abano Healthcare Group Limited
Coast Dental
Dental Service Group
Axis Dental
Up Market Research published a new report titled “Dental Services Market research report which is segmented by Type (Dental Implants, Cosmetic Dentistry), by End Use (Dental Clinics, Hospitals), By Players/Companies Axis Dental, Aspen Dental Management Inc, InterDent Inc, Dental Service Group, National Health Service England, Apollo White Dental, Coast Dental, The British United Provident Association Limited, Abano Healthcare Group Limited”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Dental Services Market Research Report |
By Type | Dental Implants, Cosmetic Dentistry |
By End Use | Dental Clinics, Hospitals |
By Companies | Axis Dental, Aspen Dental Management Inc, InterDent Inc, Dental Service Group, National Health Service England, Apollo White Dental, Coast Dental, The British United Provident Association Limited, Abano Healthcare Group Limited |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 250 |
Number of Tables & Figures | 175 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type (Dental Implants, Cosmetic Dentistry), by End Use (Dental Clinics, Hospitals).
Dental Services Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Dental Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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